Arlington Trust Co LLC Invests $1.04 Million in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Arlington Trust Co LLC bought a new stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 5,803 shares of the company’s stock, valued at approximately $1,040,000.

A number of other institutional investors have also recently made changes to their positions in the business. Destination Wealth Management lifted its position in Invesco S&P 500 Equal Weight ETF by 5.1% in the second quarter. Destination Wealth Management now owns 1,996 shares of the company’s stock worth $328,000 after buying an additional 96 shares during the last quarter. Courage Miller Partners LLC boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 0.6% during the second quarter. Courage Miller Partners LLC now owns 46,896 shares of the company’s stock valued at $7,704,000 after buying an additional 273 shares during the period. Blair William & Co. IL grew its position in Invesco S&P 500 Equal Weight ETF by 13.2% in the 1st quarter. Blair William & Co. IL now owns 205,203 shares of the company’s stock valued at $34,755,000 after acquiring an additional 23,957 shares during the last quarter. Brown Brothers Harriman & Co. grew its stake in Invesco S&P 500 Equal Weight ETF by 17.5% in the 2nd quarter. Brown Brothers Harriman & Co. now owns 40,260 shares of the company’s stock worth $6,614,000 after acquiring an additional 6,001 shares in the last quarter. Finally, Brightwater Advisory LLC bought a new position in Invesco S&P 500 Equal Weight ETF during the 2nd quarter worth about $3,227,000.

Invesco S&P 500 Equal Weight ETF Price Performance

NYSEARCA:RSP traded up $0.11 during trading hours on Friday, hitting $176.40. 4,247,007 shares of the company were exchanged, compared to its average volume of 6,046,174. Invesco S&P 500 Equal Weight ETF has a 52-week low of $137.38 and a 52-week high of $182.22. The stock has a market capitalization of $59.08 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90. The company’s 50 day moving average price is $177.03 and its 200-day moving average price is $169.73.

Invesco S&P 500 Equal Weight ETF Company Profile

Guggenheim S&P 500 Equal Weight ETF, formerly Rydex S&P 500 Equal Weight ETF, seeks to replicate as closely as possible, the daily performance of the S&P 500 Equal Weight Index (the Index). The Index is a capitalization-weighted index covering 500 industrial, utility, transportation and financial companies of the United States markets (mostly NYSE Euronext issues).